CMT’s 3Q 2014 distribution per unit up 6.2% year-on-year

3Q 2014 distributable income increases 5.6% year-on-year

Singapore, 17 October 2014– CapitaMall Trust Management Limited (CMTML), the manager of CapitaMall Trust (CMT), is pleased to announce that CMT’s distributable income of S$93.7 million for the period from 1 July 2014 to 30 September 2014 (3Q 2014) was 5.6% higher than the S$88.8 million for the same period last year (3Q 2013).

Distribution per unit (DPU) for 3Q 2014 was 2.72 cents, an increase of 6.2% from the 2.56 cents for 3Q 2013. This brings CMT’s DPU for the period from 1 January 2014 to 30 September 2014 (YTD Sep 2014) to 7.98 cents, a 5.7% increase over the DPU of 7.55 cents for the corresponding period in 2013 (YTD Sep 2013).

Based on CMT’s closing price of S$1.915 per unit on 17 October 2014, the distribution yield is 5.63%. Unitholders can expect to receive their DPU for 3Q 2014 on 28 November 2014. The Books Closure Date is 28 October 2014.

Mr Wilson Tan, CEO of CMTML, said, “We are pleased to report that CMT continued to deliver steady financial performance, underpinned by the large and diversified tenant base of our portfolio, and the consistently high occupancy rate of 98.5% across the portfolio as at 30 September 2014.”

“Asset enhancement works for Bukit Panjang Plaza, Tampines Mall and IMM Building are progressing smoothly. At JCube, all the 70 retail units at J.Avenue are fully committed. We have also completed the asset enhancement initiative at Bugis Junction. The mall added more specialty stores, including popular local and foreign brands such as Nike, Challenger, Muji, Skechers, Miam Miam and Billabong. Bugis Junction now boasts an even wider selection of merchandise and an enhanced shopping experience. In addition, Westgate Tower obtained the temporary occupation permit on 9 October 2014.”